XRP price continues to draw attention as optimism develops around its long-term growth potential. At press time, the token is trading at 2.97, representing a 2.04% gain in the day. The growing ecosystem and increasing adoption trends of Ripple are also contributing to the speculation of future gains. Therefore, XRP remains a key focus in the broader digital asset space, with growing sentiments about its ability to deliver substantial returns.
Analyst Eyes 200% Rally As Short-Term Target Hits $5.50
XRP price is currently trading in a consolidation phase following its recent recovery. An analyst, Crypto Patel, believes that a bullish scenario is in the cards should the price hold above the $2.00 support.
According to the analyst, the major obstacle to higher targets is resistance at the level of 2.90. A successful break above this point may open the way to a powerful rise, the potential of which is approximately 228%, which puts the next target at around 10 dollars.
However, in case of support breakdown, the lower range around $2.00 will be at risk. Overall, the analyst maintains a bullish XRP long-term price prediction as the current levels remain intact.
XRP/USDT 3-Week Chart (Source: X/CryptoPatel)
On the one-day timeframe, XRP price has maintained strength above $2.80 support. The price is now positioned around $2.97 with signs of renewed strength. The previous breakout delivered an uptrend of 62% surge, confirming the impact of repeating patterns.
The current projection points to a possible 95% advance, placing the short-term target close to $5.50 if resistance levels are cleared. The indicators are strengthening this view, with the Money Flow Index sitting near 25, suggesting oversold conditions.
XRP/USDT 1-Day Chart (Source: TradingView)
On the other hand, the M2 Global Liquidity Index is also trending higher. This indicator has historically correlated with the strongest rallies of XRP. Meanwhile, a breakout above the $3.20–$3.30 zone could accelerate gains toward the $5-$6 range, a target also predicted earlier by CoinGape.
Support at $2.80 and $2.20 forms the immediate safety net. This limits deeper losses. Therefore, the combination of pattern repetition and rising liquidity supports a convincing short-term bullish outlook.
Ripple’s RLUSD Expansion Is Driving Market Confidence
Ripple’s launch of the RLUSD stablecoin in Japan is boosting the narrative around XRP price and ecosystem growth. The growth via SBI Holdings shows that Ripple is keen on gaining a bigger market share in the stablecoin market worldwide.
More than 24 million RLUSD was minted this week, on top of the 134 million that were issued over the last month. The adoption trends indicate an increase in active addresses by 17%. Additionally, the transfer volume stands at $3.5 billion.
Another strength is transparency, where reserves are held by BNY Mellon and auditions are done by third parties. This institutional-level model makes RLUSD a trusted product in Asia.
Therefore, market participants perceive the development as a bullish trigger. With stablecoin utility tied to liquidity flows, RLUSD could indirectly strengthen XRP price trajectories in the coming quarters.
Summary
XRP price shows resilience above critical support levels, while Ripple’s RLUSD adoption adds further conviction to bullish forecasts. Should the breakout above the $3.20 level occur, targets of around the $5.50 and above become a possibility. Therefore, XRP’s road toward a 200% surge is becoming increasingly relevant.
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Coingape Staff
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